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Algeria : foreign exchange reserves rise to $85 billion

Algeria’s foreign exchange reserves reached nearly $85 billion at the end of August 2023 compared to $60.9 billion at the end of December 2022. This figure represents an increase of nearly $20 billion in less than six months. The Algerian Central Bank announced that the country’s foreign exchange reserves had reached 66.63 billion dollars as of March 31. 

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